NewEdge Advisors LLC Increases Position in American Century Diversified Municipal Bond ETF $TAXF

NewEdge Advisors LLC grew its position in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 93.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,977 shares of the company’s stock after purchasing an additional 51,799 shares during the period. NewEdge Advisors LLC owned approximately 0.87% of American Century Diversified Municipal Bond ETF worth $5,354,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of TAXF. Western Wealth Management LLC acquired a new stake in shares of American Century Diversified Municipal Bond ETF in the first quarter valued at $25,000. Advisory Services Network LLC purchased a new position in American Century Diversified Municipal Bond ETF during the 3rd quarter valued at about $103,000. Farther Finance Advisors LLC grew its position in American Century Diversified Municipal Bond ETF by 1,646.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,934 shares of the company’s stock valued at $148,000 after acquiring an additional 2,766 shares in the last quarter. Shade Tree Advisors LLC acquired a new position in American Century Diversified Municipal Bond ETF in the 4th quarter valued at about $214,000. Finally, Barnes Wealth Management Group Inc increased its stake in American Century Diversified Municipal Bond ETF by 5.6% during the fourth quarter. Barnes Wealth Management Group Inc now owns 4,383 shares of the company’s stock worth $221,000 after purchasing an additional 233 shares during the period.

American Century Diversified Municipal Bond ETF Price Performance

Shares of TAXF opened at $50.07 on Wednesday. American Century Diversified Municipal Bond ETF has a 1 year low of $48.71 and a 1 year high of $51.42. The company’s 50-day simple moving average is $50.43 and its 200-day simple moving average is $50.51.

American Century Diversified Municipal Bond ETF Company Profile

The American Century Diversified Municipal Bond ETF (TAXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds. The fund seeks current income that is exempt from federal taxes. TAXF was launched on Sep 10, 2018 and is managed by American Century Investments.